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Facebook below key multi year support

Tech analysis by Simon Kazinsky on 12:07 EST March 20, 2018
Facebook shares fall another 4% on Tuesday trading.

Tariffs on steel, a further sign of global overcapacity

News by Newsroom on 02:51 EST March 07, 2018
Funny how war doldrums come and go in the US in an orderly fashion.

Apple set to continue heading lower

Tech analysis by Simon Kazinsky on 02:47 EST February 08, 2018
Apple is unable to recover territory and come back above its mid term supporting moving average.

Yo bro', this one weird bitcoin trick ain't gonna work

News by Newsroom on 11:30 EST January 31, 2018
Bitcoin gives back territory and loses, once again, the $10,000 a coin mark on Wednesday trading.

Dismal retail sales in the UK over the Christmas period

News by Newsroom on 05:32 EST January 19, 2018
British shop sales were way worse than expected in December.

Another central bank rises its key rate

News by Newsroom on 10:23 EST January 17, 2018
The Bank of Canada hiked overnight rates by a +25 bps to +1.25% on Wednesday on the back of robust employment data and a pickup in inflation.

Bitcoin. All aboard, destination the slaughter house

News by Allie Longford on 05:35 EST January 17, 2018
No mercy with Bitcoin enthusiasts as the crypto currencies get hammered just a month after derivates started to trade at the Chicago Exchange.

Why the bitcoin mania is a blinding red flashing light signaling the end of a grand cycle

News by Allie Longford on 13:45 EST January 16, 2018
Airtime, articles and endless gigabytes are being dedicated to Bitcoin and all its siblings in the cryptosphere over the last few months.

Chickens come home to roost. UK House prices falling sharply in December

News by Allie Longford on 08:06 EST January 08, 2018
Macro factors, Brexit and the UK government war on the private rental sector start to take a toll on UK house prices.

ISM Manufacturing misses expectations after NFP dissapointment

News by Newsroom on 10:02 EST January 05, 2018
The first ISM manufacturing index of 2018 came at . Expectations and previous reading were at 57.7. Above 50 means sector expansion.

Non Farm Payrolls misses expectation by a big margin

News by Newsroom on 09:01 EST January 05, 2018
The US economy added 148,000 jobs in December.

Dollar ends the year on the wrong foot

Tech analysis by Simon Kazinsky on 10:57 EST December 29, 2017
The dollar is about to give in its major long term support against the Euro as 2017 comes to an end.

Facebook tumbles and drops below key support

Tech analysis by Simon Kazinsky on 11:29 EST December 04, 2017
Techs / FANGS are not that exhuberant lately.

Stocks snap after Michael Flynn entering guilty plea in connection to Russia probe

News by Newsroom on 11:43 EST December 01, 2017
Stocks flash crashed during Friday afternoon trading.

Pound dips despite UK manufacturing at its best in four years

News by Newsroom on 06:06 EST December 01, 2017
The UK's manufacturing sector rose by most in four years in November according to the IHS Markit's purchasing managers' index (PMI) for the manufacturing sector jumped to 58.2 from an upwardly revised 56.5 in October.

Gold price may be near a new leg down

News by Simon Kazinsky on 12:48 EST November 29, 2017
Gold is consistently showing its inability to rally under any circumstances.

Apple sets a double top

Tech analysis by Simon Kazinsky on 12:29 EST November 29, 2017
Apple is no exception on Wednesday trading and, like the rest of the tech giant is having a painful day, just after yesterday enthusiasm following a new all time high.

Facebook posts worst day of the year after setting record high

Tech analysis by Simon Kazinsky on 12:20 EST November 29, 2017
Facebook is sliding rapidly after setting a record high yesterday when traded at $183 a share.

October pending home sales fuel stock market party

News by Newsroom on 11:14 EST November 29, 2017
The National Association of Realtors (NAR) released on Wednesday morning its data on pending sales of existing homes for the month of October.

Stocks up as US GDP improves

News by Newsroom on 10:53 EST November 29, 2017
The second reading for US GDP in the third quarter beat expectations as it was announced on Wednesday by one-tenth of a percent at +3.3% annualized.

Stocks on free rise as consumer confidence best in almost two decades

News by Newsroom on 12:45 EST November 28, 2017
With a score of 129.5 the US CB Consumer Confidence index has set on Tuesday yet another high, and its best since the year 2000, just before the dot com crash.

Canadian dollar to continue its decline

Tech analysis by Simon Kazinsky on 05:56 EST November 28, 2017
USDCAD has set a short term double bottom in the 1.265. At this value also sits at present the moving average that has provided resistance three times since June every time the pair attempted to travel north of the chart.

British banks can endure shocks BoE says (despite half of them being on government support)

News by Allie Longford on 05:33 EST November 28, 2017
Britain's largest banks can withstand a series of economic shocks, including a no-deal Brexit scneario, the Bank of England said Tuesday.

UK government slashes growth forecast for next year

News by Newsroom on 08:53 EST November 22, 2017
Headlines of Philip Hammond's Autumn 2017 Budget revealed on Wednesday morning:

UK manufacturing orders best since the 80s

News by Allie Longford on 07:33 EST November 21, 2017
The UK manufacturing industry has reported on Tuesday its strongest total orders since August 1988.

Draghi not convinced inflation is picking up

News by Allie Longford on 10:59 EST November 20, 2017
Draghi testified on the European Systemic Risk Board before the European Parliament Economic and Monetary Affairs Committee, in Brussels on Monday afternoon.

Euro lower as the end of the Merkel era looms in the horizon

News by Allie Longford on 09:42 EST November 20, 2017
The Euro trades slightly lower against most of its counterparts at the beginning of the week as trouble emerges in Germany.

Japan exports grow but trade balance surplus shrinks

News by Newsroom on 20:46 EST November 19, 2017
Ministry of Finance (MOF) data out on Monday morning show that exports rose 14.0 percent year-on-year in October, led by shipments of cars to Australia and raw materials for plastics to China.

Canada annual inflation Slowed in October

News by Newsroom on 10:03 EST November 17, 2017
Canada's consumer-price index rose 1.4% on a year-over-year basis in October, Statistics Canada said on Friday, following a 1.6% advance in September.

Unemployment claims unexpectedly on the rise

News by Newsroom on 10:30 EST November 16, 2017
The number of Americans filing applications for unemployment benefits for first time increased again last week to 249,000 the Labor Department reported on Thursday.